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tv   MSNBC Live With Kate Snow  MSNBC  April 26, 2017 12:00pm-1:01pm PDT

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care about, it is their jobs. when we make them scared about their jobs, that's how we move them. >> vote, vote, vote. not make our country great but save our country. >> chris jansing reporting for us. that will do it for me live in the nation's capital. with a stunning view behind me with the executive office. next -- >> neither the white house nor the washington monument is particularly slimming for me. but it is a beautiful view. nice to see you. thank you so much. >> to be in the same place in a different city. >> good afternoon to you. i'm ali velshi. tensions continue to boil over. the entire senate, all 100 members meeting at the white house. but this afternoon, the powerful freedom caucus announced its support for the latest version
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of the gop health care plan. so they're finally on board. are we living the final days of obamacare? and finally this afternoon, the white house unveiled what the treasury secretary is calling the biggest tax cut in history. what we know and what we still don't know coming up. we've got all that to chew over and only an hour to do it. joining me, peter alexander is at the white house. jonathan swan is joining me here. and he'll be here in a minute or two. the national political reporter over at axios and in a few minutes i'll do a deep dive into all this tax stuff with a "washington post" opinion columnist who is joining us as well. let's start with what's happening. as we speak. all 100 senators are there at the white house for the briefing on north korea. peter is there. peter, set the scene for us. what's going on in. >> this is a dramatic scene. it is one that we've rarely seen. let's be clear. we know in a matter of minutes, these 100 senators will be meeting behind closed doors at
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the eisenhower executive office building. the building right basically next to the white house. coming to this campus for this rare conversation, this private briefing about the situation. the crisis with north korea right now after aer s eseries o provocations, a missile test by north korea, the u.s. with its own preparations with a series of maneuvers taking place right now along the korean peninsula. we know they will be meeting with among others, the secretary of state, rex tillerson, secretary mattis will be there as well. we're told that the president himself will stop by as well again for what is really a highly unusual gofrgs the circumstances. later this afternoon, the individuals who are part of this briefing, the administration officials will take their same position. the same briefing and present it to the 435 members, or those that attend from the house. they will do that on capitol
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hill today as they try to give members of this community a better understanding of where it stands. and they are hearing loud voices, a chorie chorus of critics. >> all right, peter, we'll stay close to you as we follow the developments at the white house. let's go to kelly, the other news has to do with health care. the house freedom caucus has announced its support for the latest version of the gop health care reform. this is not a version that most people have seen. >> reporter: they've been working in negotiations with the white house directly, separate from going through speaker's office. that's one change. so they've been able to hear from those members the most conservative group within the house conference about some of their concerns. they've come up with allowing
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the stateser and what they would be able to cover. that would allow a waiver if the state chose to, to allow them some flexibility in which kinds of services would be required. from maternity care to the costs for patience that have costly pre-existing conditions. those kinds of things. the politics of this has been that this conservative group got a lot of the blame when there was that flaming failure of the first attempt to repeal the health care law stoeflt conversations have continued. there was some hope by the white house that they could get a passage of this repeal idea, not a full repeal but changes the health care law substantially within the 100-day window. that does not look likely. because by pleasing this most conservative group there are concerns among the more moderate republicans and we don't know how many of them would be on board. the timing is up in the air but this is broadly considered progress in terms of the
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president reaching out and connecting with conservatives. i'm told by at least one member of the freedom caucus that he heard from the president by phone and from the vice president, making calls to try to build support. so the freedom caucus saying yes. that doesn't mean every member would vote for it but 80% must agree to get an endorsement. that's a substantial bloc. the big question, what it will do to the moderate side of things? this weakens protection that's were so big a part of obamacare law and some of the more moderate say it will affect the access by the expansions of medicaid and could put some of the most needy in terms of health insurance coverage with pre-existing conditions smat risk. so progress no, timing but a very big development for a primary goal of president trump to get a repeal of the obamacare
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law in his early, early in his administration. >> all right. stay there for us. jonathan, you've got some reporting on this. >> today has been an interesting day tlf day. everyone is very, very cautious is that they want me to know, we don't want to set artificial deadlines but there has been a discussion of the vote. the team is counting moderate sxroets there will be a. clearer picture tonight as to whether that is achievable or not. >> the deal that didn't pass had about 17% approval rating in the country. this is worse for most people. so it may be a will whip count thing. the moderates will go and take it in the neck at those town hall meetings. >> this is dance they have to do. there are reporters on the him saying that moderates saying, if i vote for this, i'll never be
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reelected. so the dance they have to do in the whip team. how many people can we allow not to vote for this and who are the most vulnerable and that's how they'll make the calculations. and will who do they turn screws on? they'll put a huge amount of pressure on the moderates and the thing about moderates, they usually do try to be team players. >> so this is a tricky one as jonathan said. the white house can't really go down this road twice it fail. but in the end, the stuff that satisfies the freedom caucus is not the stuff that is satisfying people out there on the street and donald trump is very conscious of that. >> i think you're right. one of the most important points that he said, they said it last evening. they said biggest lesson we have from the health care deback actually first time around is that we cannot afford for any more of these artificial dead lines. they want to have all the votes
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locked up before they move forward. but recognize the significance of moving forward on health care. not only because it is one of the president's promises. but more broadly, white house advisers concede that they need to wrap up health care before they can move on in real terms with specificity on tax reform even as the president made those ambitious proposals today. the deal maker in chief. they can't put more meat on the bones until they know how it will move forward next year. >> the treasury secretary mnuchin and gary cohen came out at the white house press conference, while a lot of people were carrying on, that was more detail than we typically get on any kind of plan from this white house and it is big. corporate taxes, personal taxes, simplification.
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this on its will own would be a big deal. iniflt fac that ty're talking about northkorea, they're talking about health care, this is a lot for everybody to swallow. >> it is a lot for critics to swallow. it is still not entirely clear how they expect to pay for it. secretary noox has said that growth will pay for it. it is to stimulate the economy. n given the massive sweeping overhaul, there are a lot of dpeets we don't have any answers to. as one reporter with gary cohen, the president's top adviser and steve mnuchin said what does this mean to a family that lives in the middle of the country that makes roughly $60,000? well, they'll get a tax cut. beyond that, there isn't any more detail. that's one of the challenges.
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you and i have been having conversations about the significance of this massive corporate tax slashing. it would knock it down to 15%. maybe most companies playing closer to 20 something. how do you pay for that? to answer those questions, still up in the air and even some republicans are conceding, we like what they're talking about. we're reducing revenue. you increase the deficit. steve mnuchin has said, growth will pay for it. how do the seventh republicans swallow that? >> the question then becomes, is
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it permanent? is there a way of dynamically scoring this so he is revenue neutral? and he is doing what you're saying. putting in ambitious growth. if they can't get to revenue neutrality, this only lasts for ten years and it disappears. i don't see that flying. i do not see enough republicans saying, we're going to allow ourselves to be painted as fiscally reckless and create something not permanent. >> it is easy to blame others for it but hard to take responsibility yourself. all right. thank you very much. that was the politics of this tax cut. let's get to the policy which is my favorite part. president trump's proposal centers on a major cut to corporate rates. the current 58th 35%. virtually nobody pays 35%. the president wants to slash it to 15%. the president wants lower tax
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bills for pass through business. let's say you're a small business owner or a krarks you report on your individual tax returns often claiming spenlss. you often get taxed at when is remaining at 39.6. the president wants to mother to 15%. and they complain that u.s. companies get taxed at the highest rates. oecd, that's all developed companies of the average is 23%. you can see we're 12% higher when you look at it that way but that's not actually true. the reality is what american businesses really pay. the effective tax rate is not 35%. bi it's about 27%. so the united states is exactly in line with most other developed countries. so that's the issue.
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we're looking at 27% to about 15%. so the issue is that how much will that actually do for companies? if you end up lowering companies from 27% to 15%, will companies pews to employ people? stephanie is joining me now. if you want to create jobs that goose the economy, is this enough? >> balance sheet isn't the issue that corporate america faces. they are flushed with cash. we could lower our corporate tax rate to 15%. if those corporations are able to send their dollars overseas and get a better rate, they will. it is a race to the bottom if we're simply saying, we're going to let you corporations pay the least amount of taxes possible. that will force to you create jobs. i won't. we already have, you know this, a developed economy. this is not an emerging market and suddenly we can build.
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there isn't a direct correlation and there needs to be. >> from the "washington post," katherine is here as well. an opinion columnist. let me and you this. the one that i get stuck on all the time is, this isn't really going to cause an increase in the deficit. if you dynamically score, you add your assumptions about economic growth, it will all be fine except that's the holy grail. getting economic growth higher is something everybody wants. everybody wants to be responsible for higher growth. >> of course we want higher growth but this is pure magical thinking. previous versions of this plan that were more detailed, that have been scored by various tax experts including ones highly sympathetic to the dynamic scoring, sort of part science and part art. even they said that previous versions of this plan were going
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to cost trillions of dollars when you factor in very rosy scenarios. what is the mechanism by which he this growth will imaginally appear, right? is the idea that companies are short on cash? they need more capital and then they'll invest and higher workers? no. based on both recent actions and previous twhims we've seen big corporate tax cuts, we have just seen that money gets returned to shareholders, it gets used for share buybacks. this idea that suddenly you'll unleash huge waves of will growth because you'll cut taxes is ludicrous. you might he squeeze out a tiny bit but not enough to pay for it. >> so what do you do? what is the answer? everybody agrees, it is complicated. it is bigger than it needs to be. if you're really trying to goose
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the economy and you're trying to increase demand, which is the only reason they expand. the only reason you open more stores is because more people want to buy your stuff. >> unfortunately, all of this relies on long term moves and long term thinking. whether it is to improve our cities or retraining people so they'll be qualified to do different jobs, the reason it is so hard to do that is no one votes form. they vote they want their taxes lowered today. when you look at the actions taken, how does making less brackets result in that? it is unclear. i feel like it reads like a book report. >> so with the idea is that somehow you lower the rate, catherine, you lower the rate that companies pay and you get more to pay more of it. you have a situation where general electric trick has been
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averaging about 14%. boeing paid nothing. you're trying to get fewer ways out of paying taxes. even on the personal side, they're taking out deductions except for mortgage interest and charitable stuff. >> they're not broadening the base. this is a lie. the proposal was supposed to be they would lower rate cuts but broaden the base. a fancy way of saying get rid of deductions. but they're keeping deductions. they're keeping some of the big very expensive ones including the mortgage interest deduction, as well as the charitable deduction. those are very expensive. moreover, the amount by which they're cutting rates is so large that it can't be made up for by getting rid of deductions. so even if you got rid of all the deductions, it is just a fantasy. you get it from the white house language about this being the biggest tax cut of all time.
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how kit be if it is going to be revenue neutral and it will all even out in the end? >> the issue is when you look at average americans, they look at how complicated taxes are and they can't get their head around it and they don't know how to approach the taxes from a sophisticated standpoint. cry me a river. corporations have internal tax. when your title inside a company is tax structure, which most fortune 500 companies have, your company, they know how to avoid paying taxes. >> thank you to both of you. we're 97 days into the donald trump presidency. once there was a little pig that had built his house out of straw. one day a big bad wolf huffed and he puffed and blew the house down. luckily the geico insurance agency had helped the pig with homeowners insurance.
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as we near president trump's 100th day in office, we're talking on people all over the country about the president's job performance so far. for more, i bring in my colleague chrisanicing who has been talking to high profile democrats. >> they've gone from despair, i don't use that word lightly. they've seen huge numbers, hundreds of thousands come out for marches, record donations to progressive causes. huge number of people showing up but all of. doesn't mean that they aren't
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deeply unhappy with donald trump. >> first 100 days. what grade would you give donald trump? >> an i for incomplete. and incompetent. to get a grade you have to turn in a paper. nothing is being turned in. >> i think the biggest aspect of trump's first 100 days has been arrogance and incompetence. >> big a f for sure. that i think started the first day after inauguration and taking down the climate change page on the website to. me that was -- >> you seem emotional about it. >> yeah. i am emotional about it. because 100 days to me has been like, 100 years of solitude. i was born in canada but this is my home. i want to participate and i want to fight. a part of me is, feels like, but why? >> why work on immigration? it has been a disaster the first 100 days.
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what i fear is that it is going to get worse. >> you just got a win on sam sanctuary cities. >> the courts have pushed back so we have to rely on the courts but we have to hope that if we can continue humanizing these stories that the president will see, maybe we don't have to rip families apart to make the country safer. >> you work with a lot of those countries. he has said, not in this budget but he's not backing down on the wall. >> donald trump clearly believes a lot of things that have no reality out of his skull. the strategy on immigration is to break children out of their mothers' arms. what is the first thing he did related to the lgbt community after he said he would leave us alone? he attacks transgender children. >> the immigration issue looms so large. i go big in the farm business
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when food prices go up, when it becomes impossible to hire a crew and it starts hurting the average american in the pocket, i think it will change very quickly. >> once we had a trade war with mexico and mexico stops buying corn from iowa and they buy it from brazil for feed, that will hurt iowans. that will hurt americans. >> and we're the nicest country. >> absolutely. >> talking of course about those tariffs on canadian lumber, i think one of the more interesting things i've heard and i've been following these activists since the day after the election. some of them said they had to step away. they had to turn off cable news for a few days. >> no! >> i know. one said they went without twitter for a month just because it's been such an emotional situation for them and they want to make sure that they have the energy they need going forward. especially as they look toward the mid terms. >> you're going to continue this
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conversation going around the country. >> i'll be in north carolina tomorrow. >> chris jansing in new york. she's talking on trump voters in michigan. coming up, you actually just saw him with chris jansing. you don't want to miss that. you'll have a tough time determining which is which when you see us both on tv together. coming up, ivanka trump sits down with hallie jackson and defining her west wing role. at planters, we're all about great taste. and we thoroughly test all our nuts for superior craveability. hey richard, check out this fresh roasted flavor. looks delicious, huh? -yeah. -richard, y to control yourself.
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welcome back. here are three big headlines we're following at the half-hour. china showed its military might but unveiling a new aircraft carrier. kit hold up to 36 fighters jets. it is expected to enter full service in 2020. the ship boosts the nation's stwang territory cal disputes in the south china sea. china now joins the likes. united states and russia with its own home me aircraft carrier united airlines facing another pr crisis. this time over a giant ran that it died on one of its planes. sim only was a 10-month-old
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3-foot long ran and it was expected to become world's largest bunny. the united airlines is reviewing how it could have died in the cargo hold. this is after outrage shown on a video. and a new platform for pope francis. he gave a surprising ted talk yesterday. he encouraged listeners to overcome a culture of waste and warned world leaders to act humbly. we're hearing more from ivanka trump as she takes stage as the first adviser. a number of hecklers jeered as she spoke along side several world leaders. in an msnbc exclusive, she opened up about her new role in the administration. >> reporter: a couple of takeaways with ivanka trump in berlin. she is still clearly working to
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define and refine what her role is publicly. and you saw the reaction from the crowd. ivanka shrugging off the jeers saying politics is politics. in berlin, the sync of the spotlight. interrupted on the international stage by a handful of hecklers hissing. >> he's been a tremendous champion. >> you hear the reaction from the audience. >> reporter: the focus at first on one man. president trump. his daughter asked to defend him and define her role. >> whom are you representing? your father as the president of the united states? the american people or your business? >> well, certainly not the latter. >> reporter: trump looking to focus instead on ways to empower female entrepreneurs. >> i hope to always be listening and learning and that's
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certainly not going to stop. not this decade and not beyond. >> you were on stage with chancellor merkel who invited you here. there's talk she is using your relationship to establish a back channel. >> i don't think she's using the relationship. i think she sees me as a woman who is aligned with her on many issues and i think she has a great relationship with my father. >> reporter: in germany, her father is far from popular. the presidential travel ban, a stark contrast to germany opening its doors to syrian refugees. ivanka trump going further than her fear whether those refugees should be let into the u.s. >> i think there is a global humanitarian crisis that's happening and we have to come together and we have to solve it. and you know -- >> opening the borders to syrian refugees? >> that has to be part of discussion but that's not enough. >> trump promoting policies like
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expanded childcare and leave. >> i'm hopeful that legislation is put together and obviously i'm a big advocate. >> her title, assistant to the president. >> considering herself a feminist on the panel. >> feminist and fierce defender of her father. still a lot of questions about when thought talk about work to have economically empowering entrepreneurs will turn on action. watch for trump going back to that issue of paid leave to push bipartisan compromise. it has been a signature issue of hers so far. >> all right. hallie jackson for us in berlin. we hope coming up, the chef's table. we're talking about the intersection of food and politics. what mr. bizarre food has to say about food and safety and immigration. we've got a lot to talk about. live with me next.
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this is the payback for watching so far. they days out from donald trump's 100 days in office. we've also got some that have largely gone ignored like your food. food safety, food policy, who is producing your food? how it all sbekts with what is going on right now.
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one of the most prominent chefs is going on right now. one of the most prominent chefs. this is amazing. there's so much to talk about. most of this revolves around food i want to eat. starting with you, let's talk about plate of the union. a campaign focused on reforming national food policy. >> sure. right now we have a food system that favors big ag, large agribusiness, and it doesn't support small family farms. it doesn't support the food that we eat. we're great at producing corn and soy but not great at producing food that's nutritious and people want to eat. >> why is that? we're so efficient we focus how to produce the most food? >> right. we have policies for producing corn, for feeding animals, for ethanol. not food that we're eating. for use of the highly processed foods. we have a health care crisis in
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this country, most of it due to poor diet. we spend $200 billion a year associated with health care because of poor diets. if we spent more time making nutritious foods less expensive and are month accessible, we can take care of the issues that people care about like health care, the environment and even national security. >> there are big commercial interests involved but it is not, this has the potential of being bipartisan. everybody would agree with what tom just said. unless you're in the business of big food. >> the point i would make, yes, it should be bynipartisan. let's talk about the farm bill, food subsidies. why we have now probably more than 70% of those subsidies are going to the super big companies. and why are we not once and for all using the farm bill to make sure every single american has the same opportunity every
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single farmer to be able to receive -- >> why don't we do that? >> because the big interests of the big companies are always more powerful than the little man. we need to be through farm bill. a way to directly/indirectly create wealth and riches in the farming communities of america. leveling down the playing field for subsidies would be a great way. >> you always have something to say about bizarre things so i'll ask you about the first 100 days. there's no way to describe it other than bizarre. >> webster's describes it as unique and interesting. what has been going on in the white house has been far beyond that. as an american citizen, as someone who has a family, i have a 12-year-old son. i'm very worried that the future of our company. and as a globalist, someone who spends his time traveling around the world, not only do i care
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very deeply about our farm bill. we're wasting 40% of our food and 25% of the people in america are food insecure. that doesn't equate for this country. we sit in shock every day talking about this is what had a become of our country. when you look at food in general and you go really macro, food, jobs bills, economic development bills, jose and tom mentioned the word security. you put food production into hot zones around the world, many of those hot zones are places that we have not the best relationships with. and you will find we start to be the creators of jobs and industry and we become the america we were in the 1960s when a picture of kennedy kennedy was hanging in everybody's living room. >> nobody is hanging up a picture of president trump. >> i heard you talking on chris janlsing about immigration. i think the first contact point
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for social media americans for people who come to america for a better life is through the food industry. we're likely to encounter peel who have really sbrutruggled tot here. >> it is no secret that our industry is a tough industry. people who come are willing to work hard and contribute. we're looking at an immigrant right here. you were naturalized three years ago? >> yes. >> dime this country and just worked night and day. became a business owner and employs people now. so we need to welcome immigrants to our country. that's the problem. we can look at a broken immigration system and look at illegal immigration. there's to legal way for immigrants to enter this country. they want to work, to feed their families. they're fleeing really bad situations. once they get here, they contribute. my family came here in 1903 from it when i immigration was a lot easier. it was a country that welcomed immigration. >> what do people not understand
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about immigration? >> very simple. immigration reform is not a problem for america to solve. it is an opportunity for america to seize. more than 11 million, if president trump is watching right now and he is a pragmatic man, i would tell president trump, let's make sure we pass once and for all immigration reform. let's deal with food and food security. 70% of the people are working on our farms are undocumented immigrants. it is a national security issue to pass reform because we'll make sure that every senator and every congressman in their place on the hill keep receiving a plate of food that is being harvested by a new american or by a new documented citizen. >> not to make sure they're taking care of his golf courses. >> i want to and you a question but before i do that, i have to try your glasses on. >> they're just cheaters.
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>> you're ball bizarre food. >> what the hell? i can't read. what do you make of president trump's order of a steak? well done with ketchup. >> i've been very fond of saying that i support anybody's right to eat anything the way they want to eat it. i can't imagine how that is palatable at all but look at the rest of his diet. fast food. >> don't go there, man. >> maybe your skin turns orange, too. it is very, very scary. we've gone from a presidency over the last eight years with the obamas where food was talked about a lot. we now have entered into a new age that we had spent syrup trying to get out of, to have our politicians and everybody looks at what our president is saying, to start talking about food and food issues. you were talking about immigrants and their role and creating jobs and the roles they take. i think restaurants are still the number one employer of single working moms in america.
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food intersects everywhere. there is nothing more local than food. food and food policy affects everything we do in this country. >> quite frankly, i don't care how he eats his steak or puts ketchup on it. there are 42 million americans that are food insecure that are struggling to put anything on the table. the president has the power to end hunger in this country. we almost eradicated it in the 1960s. we can do it again. he has the power to right his history as the president that ends hunger. we can do it. >> thanks. what an amazing group of guys to have on the show. thank you. we're taking a break. we'll be right back. whoever threw it has to go get it. not me! somebody will get it... ♪ (dog barking) anyone can dream. making it a reality is the hard part.
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don't start humira if you have an infection. want more proof? ask your rheumatologist about humira. what's your body of proof? all right. right now, the full senate is on the white house grounds for a security briefing on north korea. this comes as tensions on the korean peninsula remain high. south korea announced today that it's installed key parts of a contentious u.s. missile defense system south of seoul, to defend against a possible north korean attack. now, the announcement sparked protests as some worry that the deployment may make the region more unstable. for more i want to bring in nbc's hans nichols following the
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latest from the pentagon. also with us, joe, president of the plow shares fund. thanks to both of you for being with us. hans, break this down for us, how unusual is it that all 1 00 senators are at the white house for a briefing like this? >> ali, it's rare, i don't want to say it's unprecedented because our twitter feeds will light up. it is rare. i think we should acknowledge that. we should also acknowledge, though, this wasn't the white house that called this meeting. this wasn't secretary natmattis. this was senator mitch mcconnell requesting the meeting and mattis as well as tillerson, other folks being obligated to give them that briefing. that said, secretary mattis is going to use this as an opportunity to focus the senators' attention on the threat that is posed by north korea. and here's what he's likely to say. he's likely to say the nuclear threat, their ability to deliver something on a tip of a warhead on a missile is not yet imminent, but once it is imminent, it may be too late. and that's really the tension that we're getting at here.
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the uncertainty. how do can yyou create policy w uncertainty about intentions and capabilities of the thoort ynor koreans? secretary mattis is likely to tell the senators the focus needs to be on a digitplomatic solution. i spent the last seven, eight days traveling with secretary mattis throughout the middle east, struck by how frequently he talked about senator rex tillerson, secretary of state, how there's this emerging harmony between tillerson and mattis make sure they're on the same page and the diplomatic avenue in the first one. >> right, his nickname "mad dog" belies the fact he's well read and a big believer in soft power, joe. that's probably music to your ears that he is emphasizing that diplomacy is probably the best way to deal with this, even though it soupnds like what we'e doing is meeting threat with greater threat and threats of force with threats of greater force. how should we be thinking about the fact that north korea does seem to be building up its
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nuclear arsenal and capabilities in the face of a world that doesn't want it to? >> the threat is real. the risk of war on the korean fence la peninsula is as high as i've seen it. the wle question is whether the. can prevent that war. you're absolutely right, ali tlrks there is no military option, there is no way the u.s. could launch a strike and not have it trigger a conventional war that would kill hundreds of thousands of south koreans in the first hours of such a conflict. even thaad, the system we're deploying, does not actually cover seoul. a city of 25 million people. most south koreans don't know that. they may have some reassurance that this system might protect them from north korean missiles. that is is not the case. and this is what senators want to know. however, white house spokesman sean spicer said we're not going to discuss strategy at this. so this is a briefing that is going to focus mainly on the
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threat, many of the senators going there realize they're going to be used as props in a know t photo op for the white house but really have no choice. what the senators and america really want to know what is are you going to do, mr. president? how are you going to steer this into negotiations? the only way to actually stop the north korean threat in its tracks. >> okay. joe, so when it came to iran which was always substantially less of a threat than north korea seems to be now, the answer was giving iran a big deal that it could take to its people and say it won. whether it did or didn't. is that approach viable for north crkorea or an entirely different way we have to look at this? >> 25 years of threats and sanctions haven't slowed the north korea program one bit. the only thing that ever has has been diplomacy. we've had agreements with north kn korea that have stopped the program. most experts on north korea agree you're not going to get
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north korea to give up its nuclear capacity. remember, iran doesn't have nuclear weapons, didn't have nuclear weapons. north korea has enough for maybe 20 that they can deliver to south korea and jajapan. you probably can get north korea freeze its program, stop it, no new weapo, no expos of weapons. the three nos. that's the deal that's there if the u.s. is willing to give north korea security assurances, willing to give them assurances that we're not going to try and overthrow the regime. that's what kim jong-un wants. >> hey, hans, real quick, the thaad missile system that started being deployed, yesterday north korea staged live fire artillery drills. what does this say to you? is there an escalation or is this the status quo, is it the same as it was a week ago? >> it wasn't as provocative as a nuclear test. you know, these live fires happen with secretary mattis was flying back from afghanistan. they were expecting something potentially more. namely a missile or nuclear test to mark this an verse ary.
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i would just say, one consistent theme we hear at the pentagon is the north koreans possess the capacity to surprise the u.s., their intel doesn't simply have the ability to predict everything that they do. guys? >> all right. hans, thanks very much. joe, thank you as well for joining us. we're going to take a rolook at the markets when we come back. ♪ ♪ ♪ sfx: engine revving ♪ (silence) ♪ that goes beyond assuming beingredients are safe...ood to knowing they are. going beyond expectations... because our pets deserve it. beyond. natural pet food.
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all right. the biggest tax cuts in the history of the world. markets are loving it, right? look at that. no. the dow is down 11 points.
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s&p 500 basically flat. all right. that's it for me for this afternoon. see you back here at 11:00 a.m. and 3:00 p.m. eastern tomorrow. find me whenever you want, twitter, facebook, instagram. @alivelshi. on snapchat @velshi. thank you for watching. up next, my friend, steve kornacki. thanks for that. good afternoon, everybody, live in new york, i'm steve kornacki. day 97 of the first 100 days. topping our agenda, they say it's the biggest tax cut ever. >> the president is going to seize this opportunity by leading the most significant tax reform legislation since 1986. and one of the biggest tax cuts in the american history. >> is that actually what the white house is calling for here? this historic, they say, tax revamp. they point out the blueprint today. what will congress say about it? a chance there. also on the agenda, a deal on health care. >> we're in agreement


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